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Solana’s trading volume and active addresses decline as bears halt its momentum. Could SOL still hit $300, or is a drop to $190 more likely?
Share link:In this post: SEC Chair Gary Gensler will resign after Thanksgiving, planned before Trump’s inauguration in January 2025. Candidates like Dan Gallagher, Bob Stebbins, Paul Atkins, and Brad Bondi are being considered, unlike expected. Under Trump, the nominee must also be adept at managing the SEC’s broader responsibilities, public companies, stock and bond markets, private funds, and the consolidated audit trail (CAT).
Share link:In this post: Ethereum ETFs have witnessed increased inflows since Trump emerged as president. The financial instrument set a six-day positive inflow record. Analysts predict investors may see Ethereum ETFs as an alternative to Bitcoin ETFs.
Peanut the Squirrel's memecoin, PNUT, has skyrocketed to a $2 billion market cap, captivating investors with its emotional backstory and rapid growth since its launch on the Solana blockchain.
- 07:19ORDI breaks through 40 US dollarsThe market shows that ORDI has broken through $40, currently reporting $40.36, with a 24-hour drop of 3.84%. The market fluctuates greatly, please manage your risk well.
- 07:17Bloomberg: Due to traders assessing whether the "Trump trade" is excessive, BTC's upward trend stagnates as it approaches $100,000According to an analysis by Bloomberg, Bitcoin's rise has stalled as it approaches $100,000, partly because traders are assessing whether the optimism brought about by Trump's support for cryptocurrencies has become excessive. Matt Maley, chief market strategist at Miller Tabak + Co., said that investors are worried that Bitcoin "now needs to take a break because it has basically tested the $100,000 level," and added that bullish sentiment around Bitcoin is "becoming extreme." In addition, while Trump promised more friendly regulation and pledged to establish a national bitcoin reserve, the implementation timeline and feasibility of the bitcoin reserve remain uncertain.
- 07:13Axie Infinity developer Sky Mavis will lay off 21% of its staffSky Mavis, the developer of Axie Infinity, will lay off 21% of its staff, according to a report by TechInAsia. This round of layoffs is expected to affect approximately 50 out of about 250 team members worldwide. Trung Nguyen, CEO and co-founder of Sky Mavis, stated that this decision has nothing to do with the company's budget or financial health. It is a strategic move that allows Sky Mavis to focus more and position itself for ultra-high growth in 2025 and beyond.
